Suncor Energy Inc T.SU

Alternate Symbol(s): SU

Energy Oil & Gas Integrated

Suncor Energy Inc. is a Canada-based integrated energy company. The Company's segments include Oil Sands, Exploration and Production (E&P), and Refining and Marketing. Its operations include oil sands development, production and upgrading; offshore oil production; petroleum refining in Canada and the United States; and the Company’s Petro-Canada retail and wholesale distribution networks (including Canada’s Electric Highway, a coast-to-coast network of fast-charging electric vehicle (EV) stations). The Company is developing petroleum resources while advancing the transition to a lower-emissions future through investments in lower-emissions intensity power, renewable feedstock fuels and projects targeting emissions intensity. The Company also conducts energy trading activities focused primarily on the marketing and trading of crude oil, natural gas, byproducts, refined products and power. It also wholly owns the Fort Hills Project, which is located in Alberta's Athabasca region.

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Suncor Energy Inc > What amazes me

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Comment by Experiencedon Mar 07, 2022 7:51pm

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Post# 34493161

RE:What amazes me

autofocus111 wrote: is how weak the CAD$ continues to be, and this even after a recent rate increase. Historically the dollar rallies when commodities pricing is strong. I mean it's not like Debt/GDP of Canada is any worse than USA (both are bad). Very unusual.

Agreed

With oil so high it is unusual to see the Canadian dollar relatively unchanged.

Does raise some concerns if the world economy craters due to high oil prices and inflation where the CAD might go.

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